On September 14th, 2012, the Congressional Research Service (CRS), the research arm of the Library of Congress, came out with a study that concluded the Supply-Side economics is not historically proven to promote the economy.

All in all, it simply states that after 65 years of cutting taxes (from 90% as the top tax rate in the 1940's to 35% currently), there is no implication that these tax cuts encourage investment, jobs, or overall economic growth.

As I have asserted in my platform regarding the economy, supply-side economics tries to harness human nature and greed to boost the economy through venture capital investment and therefore, job creation. However, the tax cuts and deregulatory policies of supply-side economics suffers serious blow-back by allowing actions founded in greed to fester out of control unchecked. This is what created the Savings and Loan Crisis in the 1980s and the Sub-prime Mortgage crisis of 2007.

This is big news! Yet, not one major news network has featured it in prime time, nor has it been addressed by either candidate.